Smoking costs the average Michigan smoker more than $1.4 million over a lifetime, according to new WalletHub state-by-state analysis of the financial cost of the habit.

Michigan's tally is 33rd-lowest among the 50 states and Washington, D.C., with $1,492,182.

Alaska was the highest with $2,032,916, followed by Connecticut with $1,992,690 and New York with $1,982,856. South Carolina was lowest with $1,097,690, with West Virginia and Kentucky rounding out the bottom three with $1,105,977 and $1,115,619, respectively.

"It's Tobacco-Free Awareness Week, also paired with that it's New Year's resolutions season, we figured people who aren't too inspired to quit by the health risks, at least the financial costs should raise some awareness," said Jill Gonzalez, spokeswoman for the personal-finance website. "I and most people really just think of the cost of cigarettes and taxes on the packs, but if you think about the healthcare costs, which can totally be avoided, healthcare insurance premiums and in the workplace, bias against smokers that can ... add up."

The research is broken down by specific categories and for most, Michigan is in the middle:

■ The average Michigan smoker will spend $1,144,484 on tobacco, ranking it 35th; that's based on one pack a day for 51 years, plus the amount of money the person would've earned if that money was invested instead.

■ The healthcare costs per Michigan smoker is $143,672, ranked 23rd. WalletHub got that figure by taking Centers for Disease Control and Prevention data and dividing it by the number of adult smokers in the state.

■ Income loss per Michigan smoker is $194,995, rank 18th. The figure is based on a Federal Reserve Bank of Atlanta report that found smokers earn 8% less than nonsmokers, specifically because of their habit.

■ Other costs per Michigan smoker add up to $9,031, ranked 9th. Those include secondhand-smoke exposure costs and losing out on the 5%-15% homeowner's insurance credit nonsmokers usually get.

"We did this to demonstrate how far this money could go," Gonzalez explained. "They're losing the money that could've been earning interest. You could rule out a lot of your debt. It would be great to own your house, own your cars. Those would be the first things on my lists."

Tony Payne, 46, of Westland, was astounded by the $1.4-million-plus figure.